Report Detail
Global Consumer Mobile Payments Market 2024 by Company, Regions, Type and Application, Forecast to 2030
- RnM4598338 |
- 02 July, 2024 |
- Global |
- 106 Pages |
- GIR (Global Info Research) |
- Service & Software
According to our (Global Info Research) latest study, the global Consumer Mobile Payments market size was valued at USD 1161370 million in 2023 and is forecast to a readjusted size of USD 5928030 million by 2030 with a CAGR of 26.2% during review period.
E-commerce is well and truly here to stay and has revolutionized the retail industry. E-commerce has essentially transformed the world into one big global village, allowing companies to reach customers in far-flung areas. The developing world in particular is predicted to be ‘mobile-first’ or even ‘mobile-only’, and smartphone sales have already eclipsed that of traditional PCs. The comfort and convenience provided by mobile e-commerce is unparalleled and it aims to cater to the demand for niche products as well as traditional ones. Any company that chooses to ignore the mobile e-commerce movement does so at its own peril. The smartphone explosion has led to mobile wallets and contactless payments being adopted slowly but surely. Developing countries are leading the way when it comes to becoming cashless and they have taken to the mobile phone to transfer funds like no other device. A few of the factors responsible for widespread adoption of mobile payments include efficiency, cost-effectiveness, usability, transaction security and interoperability. Even though credit and debit cards currently enjoy a higher rate of usage, the advent of mobile payment Apps and other contactless payments should ensure that they become the go-to-solution for all kinds of payment needs in the future.
As retailers install new payment terminals to enable contactless payment, this will go a long way in solving logistical constraints. With the introduction of Apple Pay, Samsung Pay and Android Pay, the millennial generation is at the forefront of adopting new technology by embracing mobile payments. With this seismic shift in payment methods, it is logical to assume that even older generations will follow millennials and take to mobile payments in retail. Adopting and enabling mobile payments allows companies to invest in newer technology that is far more user-friendly and intuitive. Consumers would also be happy to use these services that would make their daily lives immeasurably easier. A smartphone is a gadget that is more of a necessity than a luxury in the 21st century and companies have not been blind to this. They are well-aware that their customers are using their mobile for anything and everything and therefore, mobile payments would be the next logical step in the journey towards a cashless economy. Mobile contactless payments are quickly becoming the new normal method to pay retailers as the need to visit an ATM to withdraw cash is eliminated.
The Global Info Research report includes an overview of the development of the Consumer Mobile Payments industry chain, the market status of Retail (Remote, Proximity), Hospitality & Tourism (Remote, Proximity), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Consumer Mobile Payments.
Regionally, the report analyzes the Consumer Mobile Payments markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Consumer Mobile Payments market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Consumer Mobile Payments market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Consumer Mobile Payments industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Remote, Proximity).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Consumer Mobile Payments market.
Regional Analysis: The report involves examining the Consumer Mobile Payments market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Consumer Mobile Payments market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Consumer Mobile Payments:
Company Analysis: Report covers individual Consumer Mobile Payments players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Consumer Mobile Payments This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Retail, Hospitality & Tourism).
Technology Analysis: Report covers specific technologies relevant to Consumer Mobile Payments. It assesses the current state, advancements, and potential future developments in Consumer Mobile Payments areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Consumer Mobile Payments market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Consumer Mobile Payments market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Remote
Proximity
Market segment by Application
Retail
Hospitality & Tourism
IT & Telecommunication
BFSI
Media & Entertainment
Healthcare
Airline
Others
Market segment by players, this report covers
ACI Worldwide
Alphabet
Samsung Electronics
DH
Fidelity National Information Services
Fiserv
Jack Henry & Associates
MasterCard
PayPal Holdings
Square
Visa
Apple
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Consumer Mobile Payments product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Consumer Mobile Payments, with revenue, gross margin and global market share of Consumer Mobile Payments from 2019 to 2024.
Chapter 3, the Consumer Mobile Payments competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Consumer Mobile Payments market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Consumer Mobile Payments.
Chapter 13, to describe Consumer Mobile Payments research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Consumer Mobile Payments
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Classification of Consumer Mobile Payments by Type
- 1.3.1 Overview: Global Consumer Mobile Payments Market Size by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Global Consumer Mobile Payments Consumption Value Market Share by Type in 2023
- 1.3.3 Remote
- 1.3.4 Proximity
- 1.4 Global Consumer Mobile Payments Market by Application
- 1.4.1 Overview: Global Consumer Mobile Payments Market Size by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Retail
- 1.4.3 Hospitality & Tourism
- 1.4.4 IT & Telecommunication
- 1.4.5 BFSI
- 1.4.6 Media & Entertainment
- 1.4.7 Healthcare
- 1.4.8 Airline
- 1.4.9 Others
- 1.5 Global Consumer Mobile Payments Market Size & Forecast
- 1.6 Global Consumer Mobile Payments Market Size and Forecast by Region
- 1.6.1 Global Consumer Mobile Payments Market Size by Region: 2019 VS 2023 VS 2030
- 1.6.2 Global Consumer Mobile Payments Market Size by Region, (2019-2030)
- 1.6.3 North America Consumer Mobile Payments Market Size and Prospect (2019-2030)
- 1.6.4 Europe Consumer Mobile Payments Market Size and Prospect (2019-2030)
- 1.6.5 Asia-Pacific Consumer Mobile Payments Market Size and Prospect (2019-2030)
- 1.6.6 South America Consumer Mobile Payments Market Size and Prospect (2019-2030)
- 1.6.7 Middle East and Africa Consumer Mobile Payments Market Size and Prospect (2019-2030)
2 Company Profiles
- 2.1 ACI Worldwide
- 2.1.1 ACI Worldwide Details
- 2.1.2 ACI Worldwide Major Business
- 2.1.3 ACI Worldwide Consumer Mobile Payments Product and Solutions
- 2.1.4 ACI Worldwide Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 ACI Worldwide Recent Developments and Future Plans
- 2.2 Alphabet
- 2.2.1 Alphabet Details
- 2.2.2 Alphabet Major Business
- 2.2.3 Alphabet Consumer Mobile Payments Product and Solutions
- 2.2.4 Alphabet Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Alphabet Recent Developments and Future Plans
- 2.3 Samsung Electronics
- 2.3.1 Samsung Electronics Details
- 2.3.2 Samsung Electronics Major Business
- 2.3.3 Samsung Electronics Consumer Mobile Payments Product and Solutions
- 2.3.4 Samsung Electronics Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Samsung Electronics Recent Developments and Future Plans
- 2.4 DH
- 2.4.1 DH Details
- 2.4.2 DH Major Business
- 2.4.3 DH Consumer Mobile Payments Product and Solutions
- 2.4.4 DH Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 DH Recent Developments and Future Plans
- 2.5 Fidelity National Information Services
- 2.5.1 Fidelity National Information Services Details
- 2.5.2 Fidelity National Information Services Major Business
- 2.5.3 Fidelity National Information Services Consumer Mobile Payments Product and Solutions
- 2.5.4 Fidelity National Information Services Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Fidelity National Information Services Recent Developments and Future Plans
- 2.6 Fiserv
- 2.6.1 Fiserv Details
- 2.6.2 Fiserv Major Business
- 2.6.3 Fiserv Consumer Mobile Payments Product and Solutions
- 2.6.4 Fiserv Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 Fiserv Recent Developments and Future Plans
- 2.7 Jack Henry & Associates
- 2.7.1 Jack Henry & Associates Details
- 2.7.2 Jack Henry & Associates Major Business
- 2.7.3 Jack Henry & Associates Consumer Mobile Payments Product and Solutions
- 2.7.4 Jack Henry & Associates Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 Jack Henry & Associates Recent Developments and Future Plans
- 2.8 MasterCard
- 2.8.1 MasterCard Details
- 2.8.2 MasterCard Major Business
- 2.8.3 MasterCard Consumer Mobile Payments Product and Solutions
- 2.8.4 MasterCard Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 MasterCard Recent Developments and Future Plans
- 2.9 PayPal Holdings
- 2.9.1 PayPal Holdings Details
- 2.9.2 PayPal Holdings Major Business
- 2.9.3 PayPal Holdings Consumer Mobile Payments Product and Solutions
- 2.9.4 PayPal Holdings Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 PayPal Holdings Recent Developments and Future Plans
- 2.10 Square
- 2.10.1 Square Details
- 2.10.2 Square Major Business
- 2.10.3 Square Consumer Mobile Payments Product and Solutions
- 2.10.4 Square Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 Square Recent Developments and Future Plans
- 2.11 Visa
- 2.11.1 Visa Details
- 2.11.2 Visa Major Business
- 2.11.3 Visa Consumer Mobile Payments Product and Solutions
- 2.11.4 Visa Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.11.5 Visa Recent Developments and Future Plans
- 2.12 Apple
- 2.12.1 Apple Details
- 2.12.2 Apple Major Business
- 2.12.3 Apple Consumer Mobile Payments Product and Solutions
- 2.12.4 Apple Consumer Mobile Payments Revenue, Gross Margin and Market Share (2019-2024)
- 2.12.5 Apple Recent Developments and Future Plans
3 Market Competition, by Players
- 3.1 Global Consumer Mobile Payments Revenue and Share by Players (2019-2024)
- 3.2 Market Share Analysis (2023)
- 3.2.1 Market Share of Consumer Mobile Payments by Company Revenue
- 3.2.2 Top 3 Consumer Mobile Payments Players Market Share in 2023
- 3.2.3 Top 6 Consumer Mobile Payments Players Market Share in 2023
- 3.3 Consumer Mobile Payments Market: Overall Company Footprint Analysis
- 3.3.1 Consumer Mobile Payments Market: Region Footprint
- 3.3.2 Consumer Mobile Payments Market: Company Product Type Footprint
- 3.3.3 Consumer Mobile Payments Market: Company Product Application Footprint
- 3.4 New Market Entrants and Barriers to Market Entry
- 3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
- 4.1 Global Consumer Mobile Payments Consumption Value and Market Share by Type (2019-2024)
- 4.2 Global Consumer Mobile Payments Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
- 5.1 Global Consumer Mobile Payments Consumption Value Market Share by Application (2019-2024)
- 5.2 Global Consumer Mobile Payments Market Forecast by Application (2025-2030)
6 North America
- 6.1 North America Consumer Mobile Payments Consumption Value by Type (2019-2030)
- 6.2 North America Consumer Mobile Payments Consumption Value by Application (2019-2030)
- 6.3 North America Consumer Mobile Payments Market Size by Country
- 6.3.1 North America Consumer Mobile Payments Consumption Value by Country (2019-2030)
- 6.3.2 United States Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 6.3.3 Canada Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 6.3.4 Mexico Consumer Mobile Payments Market Size and Forecast (2019-2030)
7 Europe
- 7.1 Europe Consumer Mobile Payments Consumption Value by Type (2019-2030)
- 7.2 Europe Consumer Mobile Payments Consumption Value by Application (2019-2030)
- 7.3 Europe Consumer Mobile Payments Market Size by Country
- 7.3.1 Europe Consumer Mobile Payments Consumption Value by Country (2019-2030)
- 7.3.2 Germany Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 7.3.3 France Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 7.3.4 United Kingdom Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 7.3.5 Russia Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 7.3.6 Italy Consumer Mobile Payments Market Size and Forecast (2019-2030)
8 Asia-Pacific
- 8.1 Asia-Pacific Consumer Mobile Payments Consumption Value by Type (2019-2030)
- 8.2 Asia-Pacific Consumer Mobile Payments Consumption Value by Application (2019-2030)
- 8.3 Asia-Pacific Consumer Mobile Payments Market Size by Region
- 8.3.1 Asia-Pacific Consumer Mobile Payments Consumption Value by Region (2019-2030)
- 8.3.2 China Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 8.3.3 Japan Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 8.3.4 South Korea Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 8.3.5 India Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 8.3.6 Southeast Asia Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 8.3.7 Australia Consumer Mobile Payments Market Size and Forecast (2019-2030)
9 South America
- 9.1 South America Consumer Mobile Payments Consumption Value by Type (2019-2030)
- 9.2 South America Consumer Mobile Payments Consumption Value by Application (2019-2030)
- 9.3 South America Consumer Mobile Payments Market Size by Country
- 9.3.1 South America Consumer Mobile Payments Consumption Value by Country (2019-2030)
- 9.3.2 Brazil Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 9.3.3 Argentina Consumer Mobile Payments Market Size and Forecast (2019-2030)
10 Middle East & Africa
- 10.1 Middle East & Africa Consumer Mobile Payments Consumption Value by Type (2019-2030)
- 10.2 Middle East & Africa Consumer Mobile Payments Consumption Value by Application (2019-2030)
- 10.3 Middle East & Africa Consumer Mobile Payments Market Size by Country
- 10.3.1 Middle East & Africa Consumer Mobile Payments Consumption Value by Country (2019-2030)
- 10.3.2 Turkey Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 10.3.3 Saudi Arabia Consumer Mobile Payments Market Size and Forecast (2019-2030)
- 10.3.4 UAE Consumer Mobile Payments Market Size and Forecast (2019-2030)
11 Market Dynamics
- 11.1 Consumer Mobile Payments Market Drivers
- 11.2 Consumer Mobile Payments Market Restraints
- 11.3 Consumer Mobile Payments Trends Analysis
- 11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry
12 Industry Chain Analysis
- 12.1 Consumer Mobile Payments Industry Chain
- 12.2 Consumer Mobile Payments Upstream Analysis
- 12.3 Consumer Mobile Payments Midstream Analysis
- 12.4 Consumer Mobile Payments Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
- 14.1 Methodology
- 14.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Consumer Mobile Payments. Industry analysis & Market Report on Consumer Mobile Payments is a syndicated market report, published as Global Consumer Mobile Payments Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Consumer Mobile Payments market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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